Summary - 10 SHAFTESBURY ROAD LEICESTER LE3 0QN
2 bed 1 bath Terraced
Income-producing West End conversion near university and hospital..
Two self-contained one-bed flats in a Victorian mid-terrace
A compact Victorian mid-terrace converted into two self-contained one-bedroom flats, presented as a low-maintenance investment close to De Montfort University and Leicester Royal Infirmary. Both flats have a bright lounge, fitted kitchen, good-sized bedroom and contemporary bathroom; the building retains period brick character and benefits from double glazing and mains gas central heating. The property is currently income-producing: the first-floor flat yields £450 pcm and the ground-floor flat is due to be let at £695 pcm from 22nd August, offering immediate cashflow for a buyer.
Practical positives include on-street residents-only permit parking, a sunny rear courtyard and a ground-floor external store with washing machine connections. The location suits student tenants and professionals with fast broadband, excellent mobile signal and convenient access to the city centre, hospitals and shops.
Important considerations: the building is small (approx. 571 sq ft) and set in an area classed as deprived with above-average crime rates; this may affect long-term capital growth and tenant selection. The terrace’s solid brick walls are assumed to be uninsulated and the exact dates of glazing installation are unknown — potential buyers should expect improvement works if targeting higher rents or reduced running costs. Tenure is freehold and council tax is very low, which supports net returns but buyers must verify measurements, services and titles independently.
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